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Gaw Capital Partners said to be buying Robinson 77 for about S$710m
Price works out to about S$2,300 psf on NLA of 307,585 sq ft. Seller is CLSA Real Estate-managed fund
Kalpana Rashiwala
Published Wed, Dec 26, 2018 · 09:50 PM
Singapore
AN ENTITY controlled by Hong Kong private equity property group Gaw Capital Partners is understood to be buying Robinson 77 for about S$710 million from a fund managed by CLSA Real Estate.
The price works out to about S$2,300 per square foot on net lettable area (NLA) of 307,585 sq ft. The NLA comprises 301,567 sq ft of offices and 6,018 sq ft of retail space.
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